At 6:55 a.m. APD Dispatch received a report of a stabbing at Peggy’s Restaurant located at 1675 E 5th Ave. When police responded they discovered a male who had been stabbed and police took the suspect into custody. The victim was checked by medics and transported to a local hospital with life-threatening injuries. The suspect was identified as 59-year-old Olin Anderson. Anderson was charged with Assault in the first degree. The incident remains under investigation. More details will be released as they come available.